Fate surely designed to give a special significance to this venture, for she was owned by John Winthrop, the first of New England statesmen, and her keel was laid on the Fourth of July, 1631--a day destined after the lapse of one hundred and forty-five years to mean much in the world's calendar.

Sixty tons is not an awe-inspiring register.

The pleasure yacht of some millionaire stock-jobber to-day will be ten times that size, while 20,000 tons has come to be an every-day register for an ocean vessel; but our pleasure-seeking "Corsairs," and our castellated "City of New York" will never fill so big a place in history as this little sloop, the size of a river lighter, launched at Mistick, and straightway dispatched to the trade with the Dutch at New Amsterdam.

Long before her time, however, in 1526, the Spanish adventurer, Lucas Vasquez de Ayllon, losing on the coast of Florida a brigantine out of the squadron of three ships which formed his expedition, built a small craft called a gavarra to replace it.
From that early Fourth of July, for more than two hundred years shipyards multiplied and prospered along the American coast.

The Yankees, with their racial adaptability, which long made them jacks of all trades and good at all, combined their shipbuilding with other industries, and to the hurt of neither.